Taxation, Corruption and the Exchange Rate Regime

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union, howev...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 11-2009)
Main Author: Hefeker, Carsten
Format: Work
Language:English
Published: Philipps-Universität Marburg 2009
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Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics